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Thread: Can property tax ease the high housing prices?
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[quote=BOBERT,419132] China has imported five times as much gold in the past 10 months as compared to the entire previous year. During the same period gold has gone from US$1050 to US$1350. Gold is the traditional hedge bet against inflation. As Inspector Who would say...this present two possibilities. One...somebody in China believes inflation is headed far higher as fiat paper currencies are artificially and intentionally devalued..or two... Somebody in China believes property, the conventional Chinese safe haven will not keep pace or perhaps even decline.[/quote]
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